The IRS has announced the 2017 annual contribution amounts for Health Savings Accounts (HSAs).

Individuals: In 2017, the maximum annual contribution will be $3,400

Families: In 2017, the maximum annual contribution will be $6,750

This represents a $50 increase for individuals over the 2016 contribution limit. However, the limit for families is not being changed.

If your company is considering whether to add a Health Savings Account to its employee benefits program, or if you’d like to increase participation in one that you are currently offering, please contact our team at 781-759-1222.

At CBG Benefits, we truly act as an extension of your HR department. We can help you achieve your goals in areas such as employee benefits, HR communications, HRIS and Payroll solutions, workplace wellness, and more.